We’ve been shouting this from the rooftops, but it’s always nice when someone else says it. In a story that ran yesterday, Wells Fargo spokesman Gabriel Boehmer discusses the nature of lines of credit offered to payday lenders.

Boehmer said Wells Fargo does “provide credit to a variety of responsible financial services industry companies,” including some payday lenders.

The bank is “really selective” in such lending, and its “total commitments to these customers represent a small percentage of Wells Fargo’s commercial lending portfolio,” Boehmer said. “Our philosophy is that every responsible business that complies with the law has equal access to consideration for credit at Wells Fargo.”

Boehmer stressed that payday lenders and check cashers that seek loans from Wells Fargo receive “an additional level of scrutiny,” including on-site visits to review their compliance with laws and regulations and their credit health. The due diligence occurs, he said, “because these companies are so highly regulated.”